Term Deposits FAQs
If we agree to end your term deposit prior to the maturity date:
- You’ll won’t have access to the funds until after 31 days from the date we agree to your request (unless grounds of hardship exist).
- You’ll lose a portion of the interest earned on your investment, calculated up to the date your Term Deposit is broken. The amount of interest you will lose will depend on how early in the investment term you seek to withdraw your funds.
- You’ll be charged a $30 early withdrawal administration fee.
We’ll notify you about 3 weeks before your term deposit ends.
We'll provide you with information regarding your options and then ask you to provide us with your instructions on what you would like us to do with your funds.
The date when the investment term of your fixed term deposit ends.